Saturday, November 03, 2012


News Links, November 4, 2012

## Global Ponzi meltdown/House of Cards ##
Global Manufacturing Contracts 5th Consecutive Month
Norway oil fund cuts France, Spain holdings further
Car makers scramble for parts after supplier Autodom shuts down
"AUSTRALIA'S three car makers were last night scrambling to find alternative suppliers to fill a hole caused by the collapse of a company that made critical body panels and other parts."
GM badly lags Ford in Europe restructuring
Funds frozen as unpaid bills plague Church of the Holy Sepulchre in Jerusalem
Myanmar banks sign deal with Visa
It's important to get into these emerging markets and get people into debt as soon as possible in a bid to prop up the infinite-growth economy, which depends on ever-expanding debt. Pity the people of Myanmar. -- RF
Spain Still Has 60,000 More Public Employees Than in 2007

## Airline Death Spiral ##
Global airline passenger traffic growth slows
"Global air passenger traffic growth has slowed considerably, and rose by just 4.1 percent year-on-year in September, the International Air Transport Association (IATA) said Friday. Global air cargo demand meanwhile grew just 0.6 percent in September compared with the same month in 2011, the Geneva-based organisation said in a statement."
Cut the cost of flying – bring your butler
Analyst puts Hurricane Sandy losses at close to $200 million for airlines
Singapore Airlines Profit Falls 54% as Cargo Loss Triples
It's Not Just Cars, Generators — Now Jet Fuel Is Becoming A Concern
"Fears of a jet fuel shortage at New York's airports have led some airlines to take the unusual — and costly — step of putting extra fuel on planes."

## Fault lines/flashpoints/powder kegs/military/war drums ##
Syria conflict: Rebels 'attack key airbase at Taftanaz'
Syrian Military Abandons Last Base Near Saraqeb Amid Rebel Offensive
Israel: Three Syria tanks enter Golan demilitarized zone
Clinton Warned of Military Danger in China-Japan Dispute

## Global unrest/mob rule/angry people/torches and pitchforks ##
Kuwait warns against unlicensed protest planned for Sunday

## Energy/resources ##
Oil Riches In Ireland Could Be Vast
Natural Gas: America's Future Electric Grid?
Coal shortage: Are more Indian states moving towards darkness?
Sandy, Fukushima, and the Nuclear Industry
Gazprom gets a boost from Asia as EU sales decline

## Got food? ##
Malawi: Maize runs out following failed harvests (video)
Blackout Bag Lunch: Simple Recipes for Those Without Electricity

## Environment/health ##
Wind farm noise does harm sleep and health, say scientists
"Noise caused by wind farms 'clear and significant' damage to people's sleep and mental health, according to the first full peer-reviewed scientific study of the problem."
On the Horizon, a Dreaded Wave of Locusts
"The United Nations Food and Agriculture Organization warns that large swarms of locusts are forming in Africa's Sahel region and are likely to push northward to Algeria, Libya, Morocco and Mauritania once they take flight."

## Intelligence/security/internet/cyberwar ##
Cuba accuses US of helping dissidents access internet
US District Judge rules warrant unnecessary for hidden cameras
Cyber Defense Takes Center Stage in Nordic Cooperation
"Nordic governments have identified cyber defense as a fundamental area for urgent cooperation and the development of joint countermeasures, plans and strategies."
WCITLEAKS.ORG: Bringing transparency to the ITU
"The forthcoming World Conference on International Telecommunications is marred by a lack of transparency. Access to preparatory reports, as well as proposed modifications to the ITRs, is limited to ITU member states and a few other privileged parties. This leaves civil society groups, and the public in general, in the dark. To foster greater transparency, we are offering a way for those in possession of such documents to make them publicly available. They can be anonymously submitted to us, and we will publish them here."

## Systemic breakdown ##
Fallout from fungal meningitis mess: more drug shortages
Verizon, Cablevision Faced With Power Outages, Low Fuel
"Phone and cable companies, working to restore service to areas battered by the Atlantic superstorm Sandy, struggled with lingering power failures and a shortage of fuel for backup generators."
New York: Post-Sandy need for cabs turns JFK into a waiting game
New Jersey residents' anxiety levels rising every day
Anarchy Along The Jersey Shore And On Long Island In The Aftermath Of Hurricane Sandy

## Japan ##
Govt may phase out corporate pension funds / Cash-strapped system seen no longer feasible
Pension programs around the world are on the ropes. Japan is no exception. -- RF
Electronics firms need to act fast: Lumbering giants face bleak future
JX Nippon to shut down Hokkaido refinery by late March 2014
Fitch cuts Sharp's rating by 6 notches to 'highly speculative' level
Electronics makers struggling / Sharp, Panasonic, Sony seek replacement for mainstay TV production

## China ##
Hot money hits Hong Kong, China and Taiwan

## US ##
Christie orders gas rationing in 12 N.J. counties
Frantic search for gas breeds frustration (video)
"Tempers flared as people camped out all night, waiting for their turn at the pump in the wake of Superstorm Sandy."
Sandy death toll in US rises to 109; 'there could be more,' Bloomberg warns
Near-freezing temps add to Sandy misery; potential nor'easter looms
San Onofre shutdown costs come with hefty price tag
"Costs associated with the long-term shuttering of the troubled San Onofre Nuclear Generating Station in the North County top out at a more than $300 million, officials of the plant's operator said."
New York emerges from darkness as lights go back on in Manhattan
Power, subway service, gas slowly make way back to N.Y.
Sandy's Blackouts Leave 2.5M Customers Lacking Power
San Bernardino Says It Chopped $29 Million From Deficit
For Some After the Storm, No Work Means No Pay

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